India among world top buyers of Global Arms Exports
NEW DELHI: India stood second in the list of importing major arms in the years 2014-18 and accounted for 9.5 percent of the global total. India has been among the top five arms importers in the world for decades, according to an annual report titled ‘Trends in International Arms Transfers-2018’ released by a Sweden-based think tank Stockholm International Peace Research Institute (SIPRI).
The assessment was done for a five-year period (2014-2018).
It says, “India was the world’s second largest importer of major arms in 2014-18 and accounted for 9.5 per cent of the global total.”
For the period 2013-2017, India was the world s largest arms importer by accounting for 13 percent of all imports.
Israel, US and France all increased their arms exports to India in 2014-18.